Ratings TransAlta Corporation Toronto S.E.

Equities

TA.PR.J

CA89346D6770

Delayed Toronto S.E. Other stock markets 01:25:41 26/06/2024 am IST			5-day change	1st Jan Change
22.75 ^CAD	-0.22%		+1.11%	+15.95%

24/06	TransAlta Enters Automatic Share Purchase Plan With Broker	MT
24/06	TransAlta Brief: Company prior announced that it had received OK from TSX to Buy up to 14 Million of its Common Shares during 12-month period terminates May 30, 2025	MT

Summary

Overall, and from a short-term perspective, the company presents an interesting fundamental situation.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the past twelve months, EPS forecast has been revised upwards.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.

Weaknesses

According to Standard & Poor's' forecast, revenue growth prospects are expected to be very low for the next fiscal years.
The company's currently anticipated earnings per share (EPS) growth for the next few years is a notable weakness.
The company is in a hindered financial situation with significant debt and rather low EBITDA levels.
The company's valuation in terms of earnings multiples is rather high. Indeed, the firm is getting paid 11.28 times its estimated earnings per share for the ongoing year.
The average consensus view of analysts covering the stock has deteriorated over the past four months.
Over the past twelve months, analysts' consensus has been significantly revised downwards.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Sector: Independent Power Producers

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
TRANSALTA CORPORATION	+15.95%	2.12B		-
NTPC LTD	+17.32%	41.94B		B
ADANI POWER LIMITED	+37.08%	33.53B	-	C
SDIC POWER HOLDINGS CO., LTD	+35.81%	18.37B		B-
HUADIAN POWER INTERNATIONAL CORPORATION LIMITED	+34.87%	8.96B		C+
TALEN ENERGY CORPORATION	+88.52%	7.02B		D-
DATANG INTERNATIONAL POWER GENERATION CO., LTD.	+34.15%	6.33B		C+
HUBEI ENERGY GROUP CO., LTD.	+38.53%	5.3B		C
FUJIAN FUNENG CO., LTD.	+35.67%	3.96B		-
NLC INDIA LIMITED	-4.58%	3.89B	-	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes